News Overview

IRFC shares, like RVNL, are trading up 2%. The railway financier will also release its quarterly earnings later this evening.

An ambivalent RBI policy with global growth uncertainty could keep the markets on tenterhooks in the coming week

The Nifty was down 143 points at 24,224, and the Sensex was down 465 points at 79,241.

The dollar was trading at 146.87 yen, up 0.2% from late U.S. prices on Friday. The euro traded at $1.0918, and the dollar index was unchanged at 103.18.

U.S. West Texas Intermediate crude prices increased 2 cents, or 0.03%, to $76.86, while Brent crude futures declined 7 cents, or 0.09%, to $79.59 a barrel.

Tuesday is the deadline for the U.S. producer price index (PPI), and on Wednesday is the consumer price index (CPI).

Banks in both the public and private sectors have increased their MCLR rates in response to the increased cost of deposits.

Cold rolled coil (CRC) prices peaked in April 2022 at ₹86,300 a tonne; now, they are trading at ₹58,200 per tonne.

In the U.S., the S&P 500 ended higher on Friday, making up for earlier losses in the week that were triggered by recession fears and the unwinding of yen-funded carry trades.

Here are some of the stocks that may see significant price movement today: Adani Enterprises, Siemens, Aurobindo Pharma, etc.